-The Economic Times It is ironical that food inflation surged to around 18% in August when agriculture is the primary hope in the economy. The culprit was mainly vegetables and, within that, onions. Onions are once again in the news due to steep rise in retail prices by almost 25% in a fortnight. Safal outlets in Delhi have set the price at Rs 60 per kg whereas some other retailers are charging...
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Punjab smells profit in basmati -Gurpreet Singh Nibber
-The Hindustan Times Chandigarh: Punjab expects profitable basmati crop this kharif season. The price of Indian basmati already has touched $136 (`8,500) a quintal in the international market, lifting the rate in the state as well. In just 15 days into the harvest season, premium basmati is being lifted for `3,500 a quintal. Last year, the price was about `2,200. Basmati exporters have, so far, bought about 1-lakh tonnes of the product in...
More »kharif sowing crosses 1047 lakh hectare -Madhvi Sally
-The Economic Times NEW DELHI: Area under kharif crops has grown by about 10-lakh hectare during the week ending on September 27th. The total sown area, as per reports received from states, stands at 1047.07 lakh hectare as compared to 993.99 hectare at this time last year and 1038.27 lakh hectare on September 20 this year. As per the India Meteorological Department the withdrawal line of southwest monsoon continue to pass through...
More »kharif rice output projected to drop to 92.32 million tonnes: Government
-PTI NEW DELHI: Country's rice production is projected to drop to 92.32 million tonnes in the kharif season this year due to deficient rains in some states, but the overall foodgrain output is estimated to rise marginally to 129.32 million tonnes in the same period. The rice production stood at 92.76 million tonnes in the kharif (summer) season of the 2012-13 crop year (June-July), while total foodgrain output was estimated at 128.20...
More »India may achieve 2nd highest foodgrain output this kharif
-PTI NEW DELHI: India is likely to achieve the second highest foodgrain production at 129.32 million tonnes this kharif season (summer crops) on better monsoon, but rice output is seen declining marginally. Agriculture Minister Sharad Pawar said a record foodgrain production is expected in full 2013-14 crop year on account of good rain and "there will be a rebound in agriculture growth" from 1.9 per cent in the last financial year. An improvement...
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